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NEW YORK (CNNMoney)
U.S. stock futures were all edging up by roughly 0.2%, after the markets took a big tumble in the previous trading session. The Dow Jones industrial average posted its biggest drop in almost two months on Thursday.
Indexes were dragged down by disappointing earnings from Wal-Mart (WMT, Fortune 500) and Cisco (CSCO, Fortune 500), and growing concern among investors that central banks -- particularly the U.S. Federal Reserve -- will start easing back on their ultra-loose monetary policies sooner rather than later.
Looking ahead to the trading day, investors are waiting on the Census Bureau, which will release data on July housing starts and building permits at 8:30 a.m. ET.
Also at 8:30, the Bureau of Labor Statistics will publish estimates of second-quarter productivity and unit labor costs, and at 9:55, the University of Michigan and Thomson Reuters will release data on consumer sentiment.
Related: Fear & Greed Index
Dell (DELL, Fortune 500) reported solid quarterly results after the bell Thursday, though shares fell slightly in after-hours trading. The company's future is still in limbo as founder Michael Dell attempts to take it private.
Nordstrom (JWN, Fortune 500) shares sank in after-hours trading Thursday after the department store chain offered weak guidance.
European markets suffered alongside U.S. indexes Thursday, and were treading water in morning trading on Friday. Germany's DAX index turned in the weakest performance, dipping by roughly 0.3%.
Asian markets went on a wild ride, triggered by a possible trading error in Shanghai that sent China's marquee index soaring before momentum reversed. The Shanghai Composite index ended with a 0.6% loss. Stocks in Hong Kong were flat and Japan's Nikkei lost 0.8%. 
First Published: August 16, 2013: 4:53 AM ET
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